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Macro Briefing: 21 June 2021

Summary:
* Israel’s prime minister warns US to “wake up” before rejoining Iran nuclear deal* US preparing more sanctions on Russia, says Nat’l Sec. Adviser Jake Sullivan* Heat wave scorches large swaths of the US West* US expected to be top destination for foreign investment* Supply constraints appear set to continue into 2022* Are stocks vulnerable to a inflation-triggered regime change at the Fed?* American airlines cancels hundreds of flights due to staffing, maintenance issues* Bitcoin falls as China intensifies crackdown on cryptocurrency mining* Yield on US long Treasury bond under pressure amid rethink on reinflation:

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* Israel’s prime minister warns US to “wake up” before rejoining Iran nuclear deal
* US preparing more sanctions on Russia, says Nat’l Sec. Adviser Jake Sullivan
* Heat wave scorches large swaths of the US West
* US expected to be top destination for foreign investment
* Supply constraints appear set to continue into 2022
* Are stocks vulnerable to a inflation-triggered regime change at the Fed?
* American airlines cancels hundreds of flights due to staffing, maintenance issues
* Bitcoin falls as China intensifies crackdown on cryptocurrency mining
* Yield on US long Treasury bond under pressure amid rethink on reinflation:

Macro Briefing: 21 June 2021

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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